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Global | Publication | October 9, 2015
The statute of frauds is a venerable doctrine in real estate law, requiring most real estate contracts to be in writing. But in the age of tweets, texts and instant messages, do such informal communications qualify as "writings"?
The California Legislature attempted to answer that question with Assembly Bill 2136, which took effect Jan. 1 this year. It provides the "ephermeral" electronic communications, such as text messages and IMs, don't satisfy the statute's requirements for writings-meaning a contract reached using those kinds of communications may not be enforceable.
Read the full article: Can texts be writings under the statute of frauds
Publication
Want to understand how to prioritise and develop your legal department’s roadmap? Stephanie Hamon will be sharing her tips on how to better define roles, manage workload, use technology and establish processes at the 3rd Annual Legal Operations Summit in Berlin this year.
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In this edition of Regulation Around the World we review the position regarding beneficial ownership registers which has come into the spotlight following work by the Financial Action Task Force and the introduction of reforms in a number of jurisdictions.
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